Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

February 17, 2022

For Immediate Release

Company Name: YUKIGUNI MAITAKE CO., LTD.

Representative: Iwao Ashikaga, President and CEO,

Representative Director

(Tokyo Stock Exchange, First Section:1375)

Inquiries: Takenori Sakurai, Executive Officer

(Chief Financial Officer)

Tel: +81-25-778-0162

Announcement concerning Status of Acquisition of Own Shares and Completion of Acquisition(Acquisition of Own Shares Under the Provisions of the Articles of Incorporation Pursuant to the Provisions of Article 165, Paragraph (2) of the Companies Act)

Yukiguni Maitake Co., Ltd. (the "Company") hereby announces the status of its own shares pursuant to the provisions of Article 156 of the Companies Act of Japan, as applied by replacing the relevant terms pursuant to the provisions of Article 165, paragraph (3) of the same Act, as described below. The Company also announces that the acquisition of own shares pursuant to the resolution of the meeting of the Board of Directors held on February 3, 2022 has been completed.

[Reference]

1. Terms of the resolution at the meeting of the Board of Directors held on February 3, 2022

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